The definition of Brexit is merging the words Britain and exit and it was meant to decide whether the UK should stay or leave the European Union. The referendum allowed everyone of voting age to express their opinion and took place on Thursday, 23 June. Stay lost by 48 percent to 52 percent. 71.8 percent of the UK population voted which could be translated into more than 30 million individuals.
Brexit has not even begun to impact Britain, and the terms of exit are still unclear after the vote. Uncertainty surrounds the future of London’s status of a European business hub.
Just several months into his mayor of London job, Sadiq Khan, who is also a person sustaining Britain’s staying in the European Union, is developing plans to separate London-only work permit. His plan is to assure that Britain will still attract workers and they will still want to work here even after it leaves EU.
Londoners voted in some areas more than 75 percent for staying in the European Union according to surveys. The new mayor stated that he is doing all that is possible by talking to businesses, business leader and representatives to assure that London keeps its status of the greatest town in the world by keeping its innovation and talent.
One of the proposals is to give more power to unions and councils to decide which are the needed skills in different regions of the country. The visas could then be given based on the demand.
Since the referendum, Khan has mentioned that Britain should maintain entrance to the single market and that London must be represented during Brexit discussions. After the referendum results, Khan addressed the approximately one million immigrants and thanked them for their contribution. Moreover, with his #LondonIsOpen campaign, they tried to encourage visitors to choose London as a destination and also reassured investors of London’s stability.
The London-only work permit has arrived at a great time as one of the latest KPMG surveys showed that three-quarters of CEOs that live in Britain are considering a relocation of their business out of the United Kingdom post-Brexit. Moreover, France is taking action to attract companies from London by administering a fast registration method which is conducted in English.
Image source: Public Domain